Yes, lucky indeed. But what about families in different or more complex situations? How would they deal with the sudden or unexpected death of a loved one who is a significant financial provider to the household? The easy and almost textbook-like answer is “life insurance”.Read More
Are you an investor, trader or speculator?
So, the first question I will typically ask a client is whether they are an investor, trader or speculator.
Note – Before I dive into this, please be aware that I am “going light” on this topic. I am not going to get into Top-Down Analysis, Bottom-Up Analysis, Charting, or hard core fundamental analysis (e.g., Discounted Cash Flow Analysis), etc. At least not yet. So bear with me as I break it down for common folks without MBAs in Finance (smile).Read More
In Africa, most of the investment clubs were started with an aim of helping members of the investment group as well as the community. They establish the club through the creation of rotating funds among the members. For instance, after the money is collected from individuals, the money is then lent out to a section of the members to help them in solving financial matters affecting them.Read More
One of the options on the rise to enter the stock market is to set up an investment club. These clubs are made up of amateur investors who want to operate on the stock market with small capital. Retirees, students, university students or housewives have made their first steps in the stock market resorting to this option. Clubs are more interesting at times like the current one, where uncertainty and stock market instability predominate.
Relative poverty and limited political influence of the African American Community is closely associated with its limited possession of wealth, i.e. of business and financial assets as well as human capital. The African American middle-class is barely more likely to buy financial instruments like stocks as compared to the working-class white ethnics determined to upgrade their social status.